He has also managed Cheltenham and Stoke, and was assistant manager to Howard Wilkinson at Sunderland.
"I've been in touch with Howard Wilkinson, the chair, and the Co-op Bank, " added the Sheffield Hallam MP.
Meanwhile Howard Wilkinson will remain as Sheffield Wednesday chairman for the foreseeable future.
"For the first time since we've been seeking investment we've seen real cash on the table, " chairman Howard Wilkinson told the BBC.
Coach Howard Wilkinson was upset at the decision to call off the one-legged game, which was due to be played in Luxembourg.
After five years at Whaddon Road he left for Stoke City but quickly left to become the assistant to Howard Wilkinson at Sunderland.
The current structure of academies and centres of excellence, which was set up by Howard Wilkinson in 1997, has come in for considerable criticism in recent years.
Mandaric, who is waiting for Wednesday shareholders to agree the takeover, will head a three-man board at Hillsborough alongside acting chairman Howard Wilkinson and chief executive Nick Parker.
"The first time I came across Joe was in an England schoolboy game at Old Trafford, " recalls Howard Wilkinson, Cole's former England under-21 coach, in an interview with BBC Sport.
BBC: Can Joe Cole fulfil early promise and revive Liverpool?
Chairman Howard Wilkinson told supporters earlier this week that he and chief executive Nick Parker were working closely with the club's bankers, The Co-operative Bank, to deliver a long-term investment deal.
BBC: Sheffield Wednesday served with second winding-up order
On Thursday, chairman Howard Wilkinson confirmed he had met with the most senior official from the investors in London and was left convinced that their approach for the club was serious.
"We have a number of people who want to invest in the club but the problem is that chairman Howard Wilkinson and chief executive Nick Parker are not in control of its destiny and are relying on the Co-op bank to do the right thing, " the source added.
There's an echo of "Network's" Howard Beale in the character of Arthur Edens (the reliably excellent Tom Wilkinson), a "killer litigator" who cracks up in the midst of a major case: the defense of an ethically indefensible agrochemical company that's been poisoning its customers.
应用推荐